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P a g e 19 o f 2 3 <br />24. Please describe any avoided <br />financial costs or savings <br />related to the project and over <br />what period of time those costs <br />will be avoided/reduced: <br />Initially, if Solarban 70 is installed, the size if the HVAC system can <br />be reduced which will result in a savings. Beyond that, Solarban <br />70 will reduce the cooling load for the building by 30% resulting in <br />lower power usage and lower energy bills for the life of the <br />building. <br /> <br />Installing light sensors and using LED lighting will produce a <br />financial savings for The ArtsCenter which will last for the lifetime <br />of the building. <br /> <br />Smart, motorized shades can help control the solar gain and heat <br />loss a building experiences naturally throughout the day simply <br />by opening and closing at pre-programmed times, maximizing the <br />energy efficiency of the HVAC system which will result is lower <br />energy bills and a smaller carbon footprint. <br /> <br />The charging stations will produce a savings for community <br />members, more so than The ArtsCenter. Joining the trend of <br />providing charging stations The ArtsCenter will be giving their <br />patrons this added convenience to encourage the use of both <br />electric cars and electric bikes, thus reducing the carbon footprint <br />of the entire community. The patrons will save the cost of gas. <br /> <br />25. Does your project accelerate or <br />expand on existing programs <br />that already show positive <br />impact? <br />Yes, it expands on the current design of the new building which <br />has the vast majority of the glazing with no direct sun exposure or <br />with protection form overhead sun via porch roofs and from low <br />sun via existing trees on site. This type of glazing provides passive <br />lighting, reducing the need for electric lighting. The low-e coating <br />will add the benefit of reducing heat gain. <br /> <br />By installing sensors, electric lighting is only used when the need <br />is there. By using LED lights, when electric lighting is needed, the <br />most environmentally conscious lighting will be used. The result is <br />a more energy efficient and environmentally responsible building. <br /> <br />Motorized shades will further control the solar gain and heat loss <br />of the building and maximize the efficiency of the HVAC system. <br /> <br />Presently, the plan has bike storage that exceeds code but with <br />this proposal, TAC could expand even more, the bike storage, plus <br />add charging stations for electric vehicles and electric bikes. The <br />new ArtsCenter, located on several bus line, is not only <br />convenient, but is also walking and biking distance from <br />downtown Carrboro and Chapel Hill, The Carrboro Farmers’ <br />Market and many residential neighborhoods. The location <br />DocuSign Envelope ID: FC54AC26-7897-4270-8EA1-D754CD59EA76